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Share this article Share this article WASHINGTON, April 22, 2021 /PRNewswire/ -- The percentage of Black Americans unable to find a living-wage job climbed to its highest level in six months, even while other segments of the population enjoyed marginal improvement, according to an analysis released today by the Ludwig Institute for Shared Economic Prosperity (LISEP). In its monthly True Rate of Unemployment (TRU) report, LISEP determined that for the month of March, 31.8% of Black workers are "functionally unemployed," defined as seeking but unable to find full-time employment that lifts t...

Share this article Share this article WASHINGTON, March 17, 2021 /PRNewswire/ -- A new analysis of unemployment data further underscores the need for the strong relief measures included in the recently approved $1.9 trillion federal economic stimulus package, according to Gene Ludwig, chairman of the Ludwig Institute for Shared Economic Prosperity (LISEP). In its monthly True Rate of Unemployment (TRU) report, LISEP found that the percentage of American workers unable to find a living-wage job grew to 25.1% for the month of February, an increase of 0.7 percentage points over the 24.4% Januar...

Analysis Reveals Risk of Stalled Economic Recovery Among Black Workers Immediate COVID relief needed to address inequality issues, says LISEP chair News provided by Share this article Share this article WASHINGTON, Feb. 18, 2021 /PRNewswire/ -- While American workers as a whole, particularly women, saw incremental growth in living-wage job opportunities in January, Black workers lost ground, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP). LISEP's January True Rate of Unemployment (TRU) report found that the rate of Black workers who are "functionall...

The former comptroller of the currency, who founded the consulting firm known for its roster of ex-regulators, will hand over leadership of day-to-day activities to an operating committee as he pursues other projects.

Reliance on part-timers, erosion of the minimum wage, attacks on unions all have served to depress working class wages.